Futu News, June 11th - The three major Hong Kong stock indexes are weak and volatile. As of press time, the Hang Seng Index fell 1.62%, the Nasdaq Composite Index fell 1.59%, and the State-owned Enterprise Index fell 1.67%. The Hang Seng Index fell below the 18,000-point level in intra-day trading.
In terms of sectors, tech stocks were generally down, with Ali Health, Bilibili, JD Health, Tencent Music, Xiaomi Group, etc. falling more than 3%, and Baidu, Kuaishou falling more than 2%.
Auto stocks performed poorly, with Xpeng down more than 5%, Li Auto, Nio down more than 4%, and Geely Auto, Evergrande Auto, Great Wall Auto down more than 3%.
Shipping and port stocks fell sharply, with COSCO Shipping Holdings dropping nearly 11%, COSCO Ship Engy falling more than 8%, and COSCO Shipping Development falling more than 7%.
Insurance stocks performed weakly, with China Taiping, New China Life Insurance down more than 3%, and China Life Insurance, PICC P&C, AIA down more than 2%.
Mainland banking stocks fell across the board, with ZYBank down more than 7%, CBHB, Bank of Chongqing, Bank of Gansu, Agricultural Bank of China, etc. falling more than 3%.
Aviation stocks generally fell, with Meilan Airport down nearly 4%, China Eastern Airlines down more than 3%, and China Southern Airlines, Beijing Airport down more than 2%.
In terms of individual stocks,$ZHAOJIN MINING (01818.HK)$The US announced better-than-expected non-farm payroll data on Friday night, with a drop of more than 10%.
$EAST BUY (01797.HK)$The company has recently encountered another public opinion crisis, with a drop of nearly 10%.
$ROBOSENSE (02498.HK)$Up more than 61%, the company has been included in the Hong Kong Stock Connect under the Shenzhen-Hong Kong Stock Connect, which took effect today.
$SAMSONITE (01910.HK)$Up nearly 1%, rising more than 3% at the opening, announcing a share buyback plan of no more than $200 million.
Editor/Jeffy